Hanover Insurance Group Inc expected to post earnings of 40  cents a share - Earnings Preview

Hanover Insurance group

29/04/2023 03:05

* Hanover Insurance Group Inc  THG.N   THG  is expected
to show a
rise in quarterly revenue when it reports  results on May 2. 
    * The Worcester Massachusetts Massachusetts-based  company
is
expected to report  a 5.6% increase in revenue to $1.385 billion
from $1.31 billion a year ago, according to the mean estimate
from 3 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hanover Insurance
Group
Inc is for earnings of 40 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Hanover
Insurance
Group Inc is $148.5​, above​ its last closing price of $119.56.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -1.05       -1.05      -1.05     Met     -0.1
 Sep. 30 2022  0.97        0.98       0.99      Beat    1.5
 Jun. 30 2022  2.16        2.16       2.32      Beat    7.2​
 Mar. 31 2022  3.11        3.06       3.26      Beat    6.5
 ​​Dec.        2.48        2.46       3.38      Beat    37.7
 31 2021                                                
 Sep. 30 2021  0.60        0.92       0.85      Missed  -7.3​
 Jun. 30 2021  2.47        2.38       2.85      Beat    19.6
 Mar. 31 2021  0.91        0.92       1.66      Beat    79.7
 This summary was machine generated April 29 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated